Basic Search  |  Summaries  |  Advanced SearchPenalty: £0
Year: 2021
Date: 1 June, 2021
Offence Group: consumer-protection-related offences
Offence Type: water services violation
Violation Description: During an Ofwat investigation of transfer pricing, Wessex Water took steps to address the agency's concerns. In particular it began to more clearly assesses the value of the product or service being transferred to avoid the risk of cross-subsidy, which would disadvantage its customers. In June 2021 Ofwat decided to close its investigation.
Action Type: agency action
Agency: Water Services Regulation Authority
HQ Country of Parent: Malaysia
Ownership Structure of Parent: publicly traded
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: water and sewer services; power generation
Source of Data: (click here)